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Dec 7, 2012
12/12
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president obama and the first family flipped the switch to the lighting of the nation's christmas tree. presidentialto the crooner singing "santa claus is coming to town." >> ♪ sobe good for goodness sakes ♪ >> this flooding -- this year's tree is a spruce goose -- a blue spurs. >> 400 men and women all dressed up caught people off guard at the rail station. the santas handed out santana- shaped chocolates to the commuters. another holiday tradition has returned and it is time to break that you're a lovely christmas sweater. -- your ugly christmas sweater. this teenagers selling them for $20 to $50 a pop. he says he is selling up to 40 a day on his website. not everybody thinks that those sweaters are a fashion faux pas. we can decide which one of our dashing dudes is rocking the sweater vest tonight. [laughter] >> what was that around the neck? i will even go there. that was just odd. what is that? >> is a fur collar. >> all righty. he wins the award tonight, i think. so far, it has been dry with nothing underneath those clouds yet. but that is likely to change as the with the sys
president obama and the first family flipped the switch to the lighting of the nation's christmas tree. presidentialto the crooner singing "santa claus is coming to town." >> ♪ sobe good for goodness sakes ♪ >> this flooding -- this year's tree is a spruce goose -- a blue spurs. >> 400 men and women all dressed up caught people off guard at the rail station. the santas handed out santana- shaped chocolates to the commuters. another holiday tradition has returned...
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Dec 7, 2012
12/12
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if you were advising president obama, what would you do right now? what would you advise? >> well, he didn't call me, but if he had -- >> really? >> surprise. >> i would tell -- to be honest, i would tell him to take a few lessons from his defeated challenger. what i would do is i would focus primarily on four things. i would say, one, we need to get a better tax code, a much more pro-growth, pro-markets, pro-jobs tax code. we need to encourage economic trade with other countries. i mean really significant economic trade. one of the things i will give president obama credit for is he was able to get through the three free trade agreements that were negotiated by president bush at the end of his term and did not go through congress until president obama did that later on in his term. that's commendable. i'd like to see a lot more of that. the third would be a much more cautious dwrie regulation, the kind of regulation that actually works. more of a cost benefit analysis approach. the fourth is spending control. we jumped from 21% of gdp to 25% of gdp in spending in one year
if you were advising president obama, what would you do right now? what would you advise? >> well, he didn't call me, but if he had -- >> really? >> surprise. >> i would tell -- to be honest, i would tell him to take a few lessons from his defeated challenger. what i would do is i would focus primarily on four things. i would say, one, we need to get a better tax code, a much more pro-growth, pro-markets, pro-jobs tax code. we need to encourage economic trade with other...
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Dec 13, 2012
12/12
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market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and the federal reserve and the fiscal cliff weighed in on this market. how do you position yourself? joining me to discuss that our guests. gentlemen, nice to have you on the program. thanks so much for joining us. let me kick this off with you in terms of allocating capital right here in the face of so much uncertainty, fiscal cliff, federal reserve. what is going to be the dominant force in terms of moving money? >> i think you don't fight the fed. i think what happened yesterday is a little bit more of the same we had this year which is the fed is going to try to keep interest rates low until it mov
market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and...
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Dec 13, 2012
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this is the third element of obama care that even democrats are peeling away from. they repealed a 1099 withholding piece of the law that was totally, totally destructive for businesses and really very onerous and they've gotten rid of the class act. the administration itself has pretty much thrown the class act in the garbage. the question is why are they all of a sudden abandoning various programs? >> let me just get at this job killing idea. when you have a law that brings 30 million people into the health care marketplace, they now have insurance, these are the folks who are going to be using the medical devices, who are going to be using hospitals, insurers. that's why those sectors are benefiting and that's why the law asks them to contribute. i think it's fair, especially since it's narrow lee tailored, it doesn't hit the over-the-counter medical device ps. >> you know what's so great, igor, guy benson is right. you are to the left of elizabeth warren and al franken. i never thought such a thing is possible. i'm proud of you, igor. this is great stuff. >> he
this is the third element of obama care that even democrats are peeling away from. they repealed a 1099 withholding piece of the law that was totally, totally destructive for businesses and really very onerous and they've gotten rid of the class act. the administration itself has pretty much thrown the class act in the garbage. the question is why are they all of a sudden abandoning various programs? >> let me just get at this job killing idea. when you have a law that brings 30 million...
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Dec 11, 2012
12/12
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president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. i would hold my nose despite the facts that raising those two tax is bad economics, bad for jobs, going to hurt the economy. i would hold my nose to get the other done. what i wouldn't do is vote for that and do nothing else. >> does he have a point? are democrats really prepared to deal with entitlement reform to maybe substantive cuts, the kinds the republicans are calling for? >> chris, hail by barbour menti
president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a...
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Dec 11, 2012
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i had an opportunity to get to know president obama. i think he is a wonderful leader, and i think he leads with grace, which is most important for a situation like this where you have mutual respect, and as you know, the main partners are himself and speaker boehner. i think the fact that they met yesterday is a very encouraging sign. i have faith that they will be able to get this done. and i quo it's the right thing for america to reach a deal to work together, to be willing to compromise, and do what is right for the people instead of a party first. that's what america wants. >> governor, thank you very much for your time. i appreciate it. >> piers, my pleasure. thank you. >>> coming up next, the stories america is talking about. more nfl tragedy, a navy s.e.a.l. killed. a powerhouse panel back with that and more. we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners
i had an opportunity to get to know president obama. i think he is a wonderful leader, and i think he leads with grace, which is most important for a situation like this where you have mutual respect, and as you know, the main partners are himself and speaker boehner. i think the fact that they met yesterday is a very encouraging sign. i have faith that they will be able to get this done. and i quo it's the right thing for america to reach a deal to work together, to be willing to compromise,...
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Dec 10, 2012
12/12
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president obama and house speaker john boehner met at the white house for another round of talks to avert the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans
president obama and house speaker john boehner met at the white house for another round of talks to avert the fiscal cliff. both sides say they're keeping the lines of communications open but no word of a break through. >> president obama and house speaker john boehner were behind closed doors trying to break the stalemate that threatens to take the country over the fiscal cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the...
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Dec 7, 2012
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thus began darden restaurants in trying to dodge obama care. the schemes are kind of unpopular in america. this week the company to lower its earning estimate for next year in part because of the bad press they got for health reform shenanigans. people aren't going for dinner special. 2 for $25 olive garden dinners are not a good enough deal in post-recession america. today was the end of the line in health reform dodging. their test in using fewer employees, providing them with health insurance, it was a fail. had to lure it's earning estimate for next year in part because of the bad press it got. people aren't going for their dinner specials. today was the end of the line for the experiment. the company announced that the test of using fewer full time employees, it was a fail. according to the ap's reporting it received a flood of feedback from customers. both employee and customers. turns out everyone is happier when you have healthy full time workers who are not sneezing on your food. the story of the restaurants is a funny story. there is
thus began darden restaurants in trying to dodge obama care. the schemes are kind of unpopular in america. this week the company to lower its earning estimate for next year in part because of the bad press they got for health reform shenanigans. people aren't going for dinner special. 2 for $25 olive garden dinners are not a good enough deal in post-recession america. today was the end of the line in health reform dodging. their test in using fewer employees, providing them with health...
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Dec 13, 2012
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this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the media trying to pick up on clues and hints. and that's really hard to do. >> maybe the market itself is trying to pick up on clues and hints as well. we're in negative territory across the board. it's not like we've gone off another cliff, if you will, in the stock market, but we're certainly not where many thought we would be or even should be after what the fed chairman had to say yesterday in the more accommodative policy that's continuing to come from the central bank. >> there's two conversations. number one first is the fiscal cliff. and i think the market it
this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the...
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Dec 12, 2012
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if we take over, we can repeal obama care. my rejoinder to that is if that is what the people vote for at the ballot box, then elections ought to have consequences. now i won't vote for it. i might try to slow it down, amend it, change it. but at least the majority ought to have the right to propose and get their legislation through. i think that's what our system of government is all about. again, as you pointed out, i proposed this when i was in the minority. and i don't think that the minority has anything to fear. you see, our founders set up a very tough system to get a bill passed. look at it. it has to pass the house. it has to pass the senate. and exactly the same form. so if the house and senate disagree, nothing happens. then it has to survive a presidential veto. and then it has to survive court challenges. this was all set up by our founders. the one -- the one thing they did not set up was that you had to have a super majority in which to pass a piece of legislation. now you and i both know that the drafters of th
if we take over, we can repeal obama care. my rejoinder to that is if that is what the people vote for at the ballot box, then elections ought to have consequences. now i won't vote for it. i might try to slow it down, amend it, change it. but at least the majority ought to have the right to propose and get their legislation through. i think that's what our system of government is all about. again, as you pointed out, i proposed this when i was in the minority. and i don't think that the...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. and the active ingredient relieves your cough. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get hap
. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows....
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Dec 6, 2012
12/12
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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Dec 6, 2012
12/12
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price. it's about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the view out. >> cook says apple has already created more than 600,000 jobs here in the u.s., that includes everything from research and development to retail to a solar power farm. he also points to the app industry, another one of those that didn't exist before apple came along. all those icons and all those downloads employ a lot of people. >> all this side is ipods here. >> it was such a different world just six years ago when we sat down with steve jobs for one of his last television interviews. he showed us around apple's flagship store on fifth avenue in new york which six years later is still the big glass granddaddy of them all. back then, steve jobs was a
. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price. it's about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the view out. >> cook says apple has already...
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Dec 13, 2012
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can i get an obama? all right. enough. we now bring in nbc news political director chief correspondent and host of the daily run down, chuck todd, armed with poll numbers burdened by the washington wizards and the miami hurricanes on the court so, chuck, what are the numbers telling us and more importantly, what are you hearing? >> on the cliff run, it is clear the president has public opinion on his side in an enormous way when it comes to the tax issue, but you also see there is a downside for him -- there already is plenty of down sfirtd republican but downside for him, if no deal happened, there is going to be sort of a collective public anger at washingtowashin. the way second term president cis work, you have basically one good calendar year to get stuff passed. there's other parts of the job that become more at the forefront in the second term, foreign policy, things like that, but in working with congress, you have got their individed attention for, you hope a year, that's why this is so crucial, figure out how to
can i get an obama? all right. enough. we now bring in nbc news political director chief correspondent and host of the daily run down, chuck todd, armed with poll numbers burdened by the washington wizards and the miami hurricanes on the court so, chuck, what are the numbers telling us and more importantly, what are you hearing? >> on the cliff run, it is clear the president has public opinion on his side in an enormous way when it comes to the tax issue, but you also see there is a...
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Dec 12, 2012
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i think, look, part and parcel why barack obama was elected and then reelected. the promise of, look, you may not agree with everything i've done, but this country needs a big leader and i am that big leader. they want people to get things done. plus the fact, it's not in this poll, but in most polling we've seen, people would overwhelmingly blame republicans if we go over the cliff. the blame is pretty clear where it's going to fall. i think they are going to get a deal. >> that came out of the washington post/abc poll. >> heavily, heavily so. >> certainly, the speaker and his colleagues are looking at that. there was a comment on cbs this morning from dave camp, the ways and means chairman, who's going to have a big say over what happens on taxes. this is his reaction. >> this is the fifth president i've served with, and when -- in the divided government, when presidents want an agreement, they can get an agreement. >> the president has the leverage now. >> he does. >> the clock is ticking. we had an interesting comment from ken conrad yesterday as to when this
i think, look, part and parcel why barack obama was elected and then reelected. the promise of, look, you may not agree with everything i've done, but this country needs a big leader and i am that big leader. they want people to get things done. plus the fact, it's not in this poll, but in most polling we've seen, people would overwhelmingly blame republicans if we go over the cliff. the blame is pretty clear where it's going to fall. i think they are going to get a deal. >> that came out...
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Dec 5, 2012
12/12
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obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit before it starts. >> so w
obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a...
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Dec 10, 2012
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. >>> president obama offering his condolences tonight to the family of a u.s. navy seal. defense officials tell nbc news, the seal was killed in the rescue of an american doctor kidnapped by the taliban. the doctor was kidnapped last week. special operations team, rescued him saturday. according to a defense official the seal was wounded during the mission and later died from his injuries. >>> take a look at intense winter storm that is prompting blizzard warnings between dakotas and wisconsin. saw the snow over lamb beau field if you caught the game. in minnesota some places have seen 17 inches of snow. wind gusts have also topped 40 miles per hour, prompting airlines to cancel scores of flights. here in our area, it is getting warmer outside. but that warm air also bringing some rain along with it. here is storm team 4 meteorologist, chuck bell and a first look at the forecast. good morning, chuck. >> good morning, jim you. saw the picture. live picture from the front lawn, channel 4. upper northwest washington. it is pea soup thick fog outside. in many spots. most rain
. >>> president obama offering his condolences tonight to the family of a u.s. navy seal. defense officials tell nbc news, the seal was killed in the rescue of an american doctor kidnapped by the taliban. the doctor was kidnapped last week. special operations team, rescued him saturday. according to a defense official the seal was wounded during the mission and later died from his injuries. >>> take a look at intense winter storm that is prompting blizzard warnings between...
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Dec 6, 2012
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. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm supposed to do what to myself? no, that's not boehner. >> on the economic front, i guess there are things going on. more employment data on the way. tomorrow the big jobs report and then there was the issue of the fiscal cliff. 11,000 in citigroup. i wonder if we start seeing things before next year. people are not hiring people. >> and we've talked a lot about this, ceos have already had to make their plans known to their boards. so it's had its impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the las
. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm...
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Dec 10, 2012
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>>> president obama out promoting his plan to avoid the so-called fiscal cliff. he's taking his message directly to the american people. the president is taking a tour of the detroit diesel corporation, that is in redford, michigan. the company is owned i did dahmdahmby dahmer, maked diesel engines. for the truckers who rely on diesel fuel, there might be a big change down the road. many believe that natural gas is the next big thing in long haul trucking. that story from torrey dunham. >> reporter: diesel is king here at the flying j truck stop near richmond, virginia. with it, nathaniel keating pushed his rig 3.5 million miles. >> you name it, i've hauled it. >> reporter: but truckers here don't have to look far to see the future. alone in a corner sits a new liquefied gas island. ong is cheap, cleaner and supporters say more plentiful than diesel. but there is a problem. say you want to drive a truck like this coast to coast using only liquid natural gas. here's what you would be up against. these are the only open and public fueling stops across the country a
>>> president obama out promoting his plan to avoid the so-called fiscal cliff. he's taking his message directly to the american people. the president is taking a tour of the detroit diesel corporation, that is in redford, michigan. the company is owned i did dahmdahmby dahmer, maked diesel engines. for the truckers who rely on diesel fuel, there might be a big change down the road. many believe that natural gas is the next big thing in long haul trucking. that story from torrey...
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the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president obviously, a lot of people watching closely, trying to avoid the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what
the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president...
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Dec 6, 2012
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president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to recite it it aalways called me white girl. i was never ashamed of myself until they taught me to be ashamed. >> reporter: she calls it "other" or the biracial poem. it's about being bullied by black kids. >> i remember the taunts well in to the nights. the brands of vanilla took years to fade. >> reporter: now the tough part. she has to perform it at the first spoken word poetry competition of the season. it's painful. >> i pretended. no black mother to explain how this tall white man ended up with a short chestnut skinned girl. they doubted he was ever my father. >> reporter: seven hours until show
president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to...
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bush along with other key staffers from obama's campaign. on thursday, longoria wrote on twitter she's so excited and honored to co-chair the event. of course, more celebrity names will start popping up as the big day draws even closer since this is a president that was widely supported in hollywood. you may also remember that back in 2009, jay-z, beyonce, aretha franklin were at the 2009 inauguration. it is going to be another star-studded event and short time from now, right around the corner. >> get your tickets now. get them now. they will be sold out whatever it is, plane, train, automobile, whatever. thank you, kareen wynter. >>> for the latest entertainment headlines makes you sure you watch "showbiz tonight." hol dawes are here. how are some businesses finding ways to keep jobs while others are failing? tom foreman went looking for some answers in today's american journey. >> reporter: amid the bustle of broadway against the bad economy and crushing competition at the strand the show goes on. started more than 80 years ago, this inde
bush along with other key staffers from obama's campaign. on thursday, longoria wrote on twitter she's so excited and honored to co-chair the event. of course, more celebrity names will start popping up as the big day draws even closer since this is a president that was widely supported in hollywood. you may also remember that back in 2009, jay-z, beyonce, aretha franklin were at the 2009 inauguration. it is going to be another star-studded event and short time from now, right around the...
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president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush administration are over. the happy times that the country -- we're going to have higher income taxes, much, much higher estate taxes, i suspect. the good times for those who have money to burn, well, they'll still have money to burn, but not quite as much money to burn. there have to be revenue increases. there has to be tax rate increases. i hate to say it, i'm a modestly upper income taxpayer myself, i hate
president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i...
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president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes,
president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive...
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happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that had to walk out onto the plank then we all fall into the shark infested waters 87 tax credits. >> sounds great. but from the tax code in 1913 only 14 pages we have warped into the 702000 page monster. more than 1,000 different forms to download. nobody understands. h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >
happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributors contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good...
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some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at the intense partisan split on outlooks for the economy, this is something that is relevant as we try to measure the pessimism or optimism of american voters, we see now an even split among those who say the economy will get better in the next year versus those who say it will get worse but there's a tremendous partisan split there. republicans, a six in ten republicans say the economy will get worse. it's the loser's lament after the election that they become more pessimistic, democrats overwhelmingly optimistic, independents interestingly agree more with the republicans, they expect the economy to get worse and that's one of the factors weighing down on public opinion as we head toward the last three weeks of the year's negotiations to avoid the fiscal cliff, carl. >> times a-wastin. with the deadline inching closer what needs to be do
some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any time you lump congress in a question it drags down the number. finally if you look at the intense partisan split on outlooks for the economy, this is something that is relevant as we try to measure the pessimism or optimism of american voters, we see now an even split among those who say the economy will get better in the next year versus those who say it will get...
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president obama twice before has made declarative statements about what he's not willing to do. and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the operative question is does this administration really want to take to us $22 trillion? is that really where they want to go? because that's the pathway. and if they do, aren't we better to deal with this right now? this doesn't get any better the longer we wait. when you have the speaker saying we're willing to move, our movement is to put revenue on the table -- >> are you saying a bucket of crazy is better than the long term implications? >> that's what the country is dealing with. neither are things you want to embrace
president obama twice before has made declarative statements about what he's not willing to do. and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today,...
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the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their poin administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the crporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have your se
the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their poin administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately,...
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obama personally moved it out two years. because he didn't want to raise taxes and damage the economy. because he said the economy was weak. the economy is not strong now. so the argument to raise taxes now is not any better than it was two years ago. i think there's a real danger that we're going to end up with some damaging tax increases and nothing to show for it. >> the economy may or may not be stronger but we are also staring down a situation where we have seen a $5 trillion deficit that's built up over the last four years. there are some republicans who think, yes, we are going to have to do something, spending cuts is the biggest part of that, but they also think that you're going to have to raise revenue. again, do you think it's a bad thing if they vote with their conscience, even if it's something that goes against your pledge? >> it's not my pledge. it's the pledge that congressmen and senators take to their voters when they got elected. >> sometimes that's changed though. >> okay but raising taxes is always bad
obama personally moved it out two years. because he didn't want to raise taxes and damage the economy. because he said the economy was weak. the economy is not strong now. so the argument to raise taxes now is not any better than it was two years ago. i think there's a real danger that we're going to end up with some damaging tax increases and nothing to show for it. >> the economy may or may not be stronger but we are also staring down a situation where we have seen a $5 trillion deficit...
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happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributs contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that had to walk out onto the plank then we all fall into the shark infested waters 87 tax credits. >> sounds great. but from the tax code in 1913 only 14 pages we have warped into the 702000 page monster. more than 1,000 different forms to download. nobody understands. h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >>
happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributs contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for...
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>> lock, tok, the point was thaf obama was reelected, it was tank. when obama took office, everyoneaid the imulus would fail. 2.7. >> what? >> 2.7 gdp right now, so gdp is probably. >> bnda. >>etween positive 11, positive 1 swing. everyone keeps talking how the obama plan isn't going to work and it isn't going to work and the data seems to show the difference, which is to president clinton's point if you want to live like a republican, vote for a democrat, they'll give you better economics. >> bnda: gary b, go ahead. give your best. >> well, you know, julian's very goo at raising the straw man. i don't recall everyone saying the market was going to tank if obama was reelected. to sate that , it didn't tank, that's kind of silly. the other thing, every time the tax rate has been tried to stick it to the rich. 91% tax rates during fdr years d failed miserab and they've gone back and ended up lowering the rate. it's such a good idea and look for historical examples where it worked. it hasn't worked. if julian wants so much the clinton tax rates, that's
>> lock, tok, the point was thaf obama was reelected, it was tank. when obama took office, everyoneaid the imulus would fail. 2.7. >> what? >> 2.7 gdp right now, so gdp is probably. >> bnda. >>etween positive 11, positive 1 swing. everyone keeps talking how the obama plan isn't going to work and it isn't going to work and the data seems to show the difference, which is to president clinton's point if you want to live like a republican, vote for a democrat, they'll...
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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obama's bottom line is they must go up. republicans are pushing back against the saying that's not in there. one of the possibilities is that baner is talking about this idea of tax reform and loopholes and may have communicated to the president that as part of tax reform, rates will not go above where they are right now. that might be sort of where the disconnect is here. there is two possibilities in terms of where boehner and the republicans are right now on the question of tax rates. one is that boehner who is not in a great position to tell conservatives you have to follow me. he doesn't have that much built in credibility. he needs any deal he makes with obama, he needs cover on it. is he waiting until december 26th or 27th or when we are right up against the clock. they have cred skpiblt they give him cover and say we are at the end and make your deal. maybe he is waiting for that. the other possibility is that he surveyed the republican conference and he looked and said no. there is never going to be enough support
obama's bottom line is they must go up. republicans are pushing back against the saying that's not in there. one of the possibilities is that baner is talking about this idea of tax reform and loopholes and may have communicated to the president that as part of tax reform, rates will not go above where they are right now. that might be sort of where the disconnect is here. there is two possibilities in terms of where boehner and the republicans are right now on the question of tax rates. one is...
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add obama care. then add 13.8 in california. and you're a small business, running as an "s" corporation, should you really pay higher than 50% of income into government? that's before any sales tax. that's before paying the cable tax to watch this show. that's before paying the water tax when you take a shower. think about that. and people want to just give more? and hope spending cuts will come at some later today? >> congressman, we hear you. we appreciate it. and thanks for appearing this morning. >> thanks for having mean >> okay. >> when we come back, the headline number on friday's jobs report shows better than expected payroll gains. but there were sceigns of weakns in the participation rate and downward provisions to earlier reports. steve liesman joins us next with more on how economists are reacting to those numbers. >>> tomorrow, "squawk box" is kicking off a special day of fiscal cliff coverage. rise above: mission critical. becky quick and jim cramer, live in washington. 33 special guests, grover norquist, congressm
add obama care. then add 13.8 in california. and you're a small business, running as an "s" corporation, should you really pay higher than 50% of income into government? that's before any sales tax. that's before paying the cable tax to watch this show. that's before paying the water tax when you take a shower. think about that. and people want to just give more? and hope spending cuts will come at some later today? >> congressman, we hear you. we appreciate it. and thanks for...
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that is after president obama's warning and a warning from the russians. but it's the prospect of assad taking more losses on the battlefield and losing control of those weapons that has the u.s. and its allies taking some preemptive measures. even if bashar al assad doesn't use chemical weapons in this civil war, there's enough chaos afoot to alarm western officials about what may happen to those munitions. a senior u.s. official and top diplomats tell cnn the u.s. and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training's taking place in jordan and turkey. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and materials. how dicey is it to train syrian rebels on handling the materials? >> i think on the one hand, these may be individuals that are going to be the first oneses into some of these sites, and they have to know what safety precautions to take. otherwise, they're not going to want to
that is after president obama's warning and a warning from the russians. but it's the prospect of assad taking more losses on the battlefield and losing control of those weapons that has the u.s. and its allies taking some preemptive measures. even if bashar al assad doesn't use chemical weapons in this civil war, there's enough chaos afoot to alarm western officials about what may happen to those munitions. a senior u.s. official and top diplomats tell cnn the u.s. and its allies are using...
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. >> of course, last time, speaker boehner did a deal with obama. it was actually rejected by the rest of the gop, and the whole thing fell apart. how significant is it as boehner looks to make room amongst your party for a compromise that he's removed four outspoken cob serve tiffs from the high profile committees in the new congress? >> i don't know if that has much to do with the deal coming up, or threats to force people to make a deal. but he's got a difficult job, no doubt. but i think we all know, as republicans, there's going to be additional revenue, as much as any of us want to resist it. there's going to be additional revenue. the question really is, and the ball is really in the president's court, how much are we going to deal with the spending side. remember, if the president gets everything he wants, that's only about $82 billion in revenue next year. with a deficit of, what, $1.2 trillion. so it really is the spending that matters most right now. and that's what we haven't seen a good plan for. >> sessions also told the "times" this m
. >> of course, last time, speaker boehner did a deal with obama. it was actually rejected by the rest of the gop, and the whole thing fell apart. how significant is it as boehner looks to make room amongst your party for a compromise that he's removed four outspoken cob serve tiffs from the high profile committees in the new congress? >> i don't know if that has much to do with the deal coming up, or threats to force people to make a deal. but he's got a difficult job, no doubt....
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they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts out of you then and president obama does not want to relive that 2011 catastrophe, chaos. >> roland, before you go, i didn't hear anything, it was all, it sounded like charlie brown to me after i heard you say roland's right. i don't know if i've ever heard you utter those words, will cain. >> actually he often says that. this is not a shocker. it's not breaking news and exclusive. it happens a lot. >> it's a just in, but go ahead, what were you saying? >> here's the deal, first of all for the audience, we talk about the fiscal cliff, it involves three things. first of all it deals
they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts...
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. >> people were supposed to hate them ahead of obama care. stocks doing well. what's coming up? >> i want to do disruptive companies and i watch "squawk." this company is one that has a stove you can put in a couple sticks of wood and starts and generates electricity. you can then charge your ipad, your iphone, you no longer have to be hostage to the grid and they did it -- it caught my eye during hurricane sandy. brooklyn company. the fire department use them. everyone is using them. >> you are doing more private companies with disruptive technology. >> i think that the exciting part of america is we have the world's greatest technology. i want to point it out. many companies are private. >> santelli has -- >> you have to be kidding. rick santelli here. welcome. my goodness. 74 74.5. i had to double-check that one many times. we're coming off numbers at 82.7 for number. 82.6 for october. those are close. the best numbers since the fall of '07. this 74.5 is a really big drop that takes you to the weakest numbers since august when we had a series of weaker numbers. now, whether s
. >> people were supposed to hate them ahead of obama care. stocks doing well. what's coming up? >> i want to do disruptive companies and i watch "squawk." this company is one that has a stove you can put in a couple sticks of wood and starts and generates electricity. you can then charge your ipad, your iphone, you no longer have to be hostage to the grid and they did it -- it caught my eye during hurricane sandy. brooklyn company. the fire department use them. everyone...
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. >> on obama, he fought a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. by any kind of criminal just you say he didn't live up to the promise he gave four years ago. what do you want him to do to show some fulfillment of that promise. what i want him to do and what needs to be done have separate things. i do know that we've had a lot of programs, government funded programs for years now that represent both sides of the aisle. both sides want everything they want. both sides have found way with this congress over the last several years to get much of what they want. we bought it on credit. the time has come. we have to pay the bill. >> argument of the moment, you can see the republicans being pushed into this impossible situation for them to win where two-thirds of americans in all the polls are quite happy for the rich 2% to be taxed more. the republicans have boxed themselves into position come january 1st they might be allowing all the middle class to be taxable to try to save the skins of very wealthy americans. that's not
. >> on obama, he fought a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. by any kind of criminal just you say he didn't live up to the promise he gave four years ago. what do you want him to do to show some fulfillment of that promise. what i want him to do and what needs to be done have separate things. i do know that we've had a lot of programs, government funded programs for years now that represent both sides of the aisle....
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obama has won a second term. and mr. adelson says he intends to double his spending on conservative causes with a particular focus on anti-union measures in the states. labor unions played a big part in mr. adelson's conversion to democrat to republican kingmaker. he fought with members picketing outside his hotel in las vegas. he tried to fight them in court, until find the supreme court declined to take his case. in testimony for the nevada state ethics commission, future democratic congresswoman and unsuccessful candidate shelly berkeley said adelson had told her, "old democrats were with the union and he wanted to break the back of the union, subsequently he had to break the back of the democrats." that fight, the war with labor changed sheldon adelson from being just another social liberal on the sidelines of politics to sheldon adelson, contributor on an historic scale to republicans who do not share his social values and this goes to a fundamental truth about the republican party. which is that the republican part
obama has won a second term. and mr. adelson says he intends to double his spending on conservative causes with a particular focus on anti-union measures in the states. labor unions played a big part in mr. adelson's conversion to democrat to republican kingmaker. he fought with members picketing outside his hotel in las vegas. he tried to fight them in court, until find the supreme court declined to take his case. in testimony for the nevada state ethics commission, future democratic...
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o president obama has an idea of national healthcare. it may be a compelling idea. his dream of healthcare is not my dream. president obama is not using a force of government to coerce the power of federal government to compel not just me and you but every single american in this country to fund his dream. it is not the purpose of the american government. >> maybe what i can tell you is this, if somehow you decide business is no longer profitable you decide to sell the company would you make a promise on the show i want to you run for congress. you make more sense than a lot of the folks making the decisions. i hope people will pay attention to you in business. >> i will that if you make me a promise. the role of government in america is split between federal and state and local for that matter. with congress failing, record low approval with our senate failing at record low approval with the president not representing about 50 percent of the country with the supreme court failing it's primary duties to uphold the constitution it is time for our governors to step in
o president obama has an idea of national healthcare. it may be a compelling idea. his dream of healthcare is not my dream. president obama is not using a force of government to coerce the power of federal government to compel not just me and you but every single american in this country to fund his dream. it is not the purpose of the american government. >> maybe what i can tell you is this, if somehow you decide business is no longer profitable you decide to sell the company would you...
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i'm quoting president obama when he was senator obama, bad economic times is not the time to raise taxes on anyone. then why are we raising taxes -- >> the people are for it. we should extend the middle class tax cut and not the -- >> i don't want to be rude, but congressman garrett from new jersey and congressman from new jersey. >> thank you for being here. >> this mission continues. we've got much more from capitol hill. this morning, at 10:00, senator mark warner, and 11:00 a.m. former white house chief of staff, i remember when he was working in the private sector. now it's time for my co-anchor to come in. >> jim, i can't tell if you're having fun down there or not. you tweeted this morning that -- >> you call this fun? >> yeah. >> i'll tell you one thing, guys, listening to that conversation, a few minutes before the opening bell, front page of the "washington post," investors aren't waiting for a deal. they're selling stock, they're trying to sell homes. they're setting up shelters, gifts for taxes. this discussion is not academic by any stretch of the imagination. >> we have to
i'm quoting president obama when he was senator obama, bad economic times is not the time to raise taxes on anyone. then why are we raising taxes -- >> the people are for it. we should extend the middle class tax cut and not the -- >> i don't want to be rude, but congressman garrett from new jersey and congressman from new jersey. >> thank you for being here. >> this mission continues. we've got much more from capitol hill. this morning, at 10:00, senator mark warner,...